University Bancorp Inc. (OTCMKTS:UNIB) Sees Significant Decrease in Short Interest

University Bancorp Inc. (OTCMKTS:UNIB) saw a large drop in short interest during the month of May. As of May 15th, there was short interest totaling 6 shares, a drop of 94.5% from the April 30th total of 109 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 175 shares, the short-interest ratio is currently 0.0 days.

University Bancorp Price Performance

Shares of UNIB stock opened at $21.50 on Friday. University Bancorp has a 52-week low of $15.50 and a 52-week high of $24.61. The business has a 50-day simple moving average of $21.75 and a 200-day simple moving average of $20.89.

University Bancorp (OTCMKTS:UNIB) last announced its quarterly earnings results on Monday, April 20th. The company reported $999.00 earnings per share (EPS) for the quarter.

University Bancorp Company Profile

University Bancorp, Inc is the bank holding company for University National Bank, a community-focused financial institution based in Lubbock, Texas. Through its subsidiary, the company offers a range of retail and commercial banking services designed to meet the needs of individuals, businesses and non-profit organizations. University Bancorp operates under the OTCMKTS symbol UNIB, reflecting its status as an over-the-counter publicly traded entity.

The company’s core business activities include deposit products such as checking, savings and money market accounts, as well as consumer and commercial lending.